Classic Race Boat Association Inc
Nonprofit profile at a glance
- EIN
- 464423216
- IRS 990-EZ coverage
- 2015–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2014
- Location
- Mount Dora, FL, USA
- Phone
- 3527296060
- Rating confidence
- Limited
- Sector
- Swimming & Other Water Recreation
Reported finances
- Expenses
- $2,991
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- WILLIAM BILL JOHN (PRESIDENT, B)
People named in this filing
- WILLIAM BILL JOHN (PRESIDENT, B)
- JEFF BUCKLEY (VICE PRESIDE)
- GERALDINE PRUSKO (SECRETARY/TR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The classic race boat association, inc. Has been organized to promote and preserve the interest and enjoyment of vintage and classic race boats. The association holds events for the purpose of interested persons to display and run their vintage and classic race boats for the enjoyment and benefit of the members of the organization and the general public. In this way, the association brings attention to the history of power boat racing and the need for the preservation of such vintage and classic water craft. The community at large benefits from these events because they add to the knowledge and history of the sport. In addition, each event brings income to the local economy from lodging, food and the support of local businesses whose services are purchased to support the event.
What it reported doing in 2018
Organization held, sponsored, promoted and/or participated in various events throughout the year on the Florida vintage race boat circuit, including winter gathering and annual meeting, tavares spring thunder regatta, tavares fall thunder regatta, various saturday morning gatherings, and monthly fun runs and gatherings on the first saturday of every month.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -32.6% per year; rating input score 0; 36th percentile among comparable filings
- Revenue growth: -21.9% per year; rating input score 0; 44th percentile among comparable filings
- Asset growth: -47.5% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 1 of 1 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2015 to 2018
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.